Tek Seng Holdings Bhd returned to the black with a net profit of RM8.16 million for the fourth quarter ended Dec 31, 2020 , from a net loss of RM12.94 million a year ago, underpinned by higher profit in its polyvinyl chloride (PVC) segment. The group's quarterly revenue rose 14.27% to RM48.52 million from RM42.46 million. It proposed a final dividend of 0.5 sen for FY20. For FY20, the group made a net profit of RM27.41 million compared to a net loss of RM16.25 million a year earlier, as revenue grew 10.71% to RM191.09 million from RM172.6 million
AS strong demand for non-woven fabric used in the manufacturing of face masks and protective gowns helped propel the third-quarter earnings of Tek Seng Holdings Bhd by a whopping 42-fold, are other non-woven fabric manufacturers such as Oceancash Pacific Bhd and new entrant Poly Glass Fibre (M) Bhd set to mirror Tek Seng’s impressive performance?
Dont give up, price is too low to dispose. :) this is good fundamental and profitable company. Others gloves stock just flied, this counter will sideway a little bit and rocketing too. continue collecting and be patient :)
Time to collect.. Aiyoo.. Why people so negative.. I dont like read comment.. Becoz most of them sangkut kat pucuk.. Then blame kaunter goreng.. Aiyoo maa.. Easy2 la make money.. Dont trust your indicator.. The good indicator is candlestick itself..
<TEK SENG HOLDINGS BERHAD, an investment holding company, is engaged in the manufacture and trading of PVC related products and PP non-woven products, trading of polyvinyl chloride products, and letting of properties. The company's products include PVC films and sheets, PVC floor covering, PVC leather for bags and PVC sponge leather for furniture, transparent and translucent sheets, and printed sheets. It primarily operates in Malaysia, Indonesia, Korea, Nigeria, Singapore, and Yemen. The company is based in Bukit Mertajam, Malaysia.>
Hc fly, you sleep. Consumer product show, you sleep. Construction/properties show, you sleeeeeeepppppp also. Then in which sector you are in??? Im so tired already collecting.. :(
Bro. I feel u. Better dun put hope in this counter already. Good fundamental company, but share price cannot up, is no difference like those loss making shit companies. Just put it inside dustbin first.
Not only this counter, a lot more good fundamental counters experience the same. Our bursa filled with syndicate and manipulator who want goreng NEGATIVE (LOSS making) company only. I think the way to earn some in trading is just collect any bad performance company and just wait big money goreng. Bursa is hopeless. Better play in US stocks, much more relevant.
big money flew in already HLT, adventa, TOPG, harta, kossan, carepls, comfort. Technically, reversal confirmed, now just awaiting tekseng, anytime can shoot up. Opportunist will know what to do. But panic chicken, will keep throwing at low. :)
My goodness, need a better PRO, public relation officer, who know to how to sell the company performance, plan & vision to promote the company to investors. Need the right person to do the right job or else better don't promote, even listed in RHB top twenty small cap companies port folio also pointless.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SHQuah
5,363 posts
Posted by SHQuah > 2021-04-02 13:22 | Report Abuse
Ya.... should have listened and bought at 56 cents. Now 58 cents. Could possibly break 60